EC238 - Economics 2: Microeconomics

Module content and teaching

Principal aims

To enable students to develop a deeper understanding of microeconomic concepts introduced in first-year analysis. To introduce students to new concepts in intermediate microeconomic analysis. To develop students’ understanding of more complex micro concepts, such as general equilibrium analysis and game theory. To provide students with an understanding of the application of microeconomics to policy. To equip students with a range of appropriate analytical skills, including descriptive, graphical and mathematical methods; and to develop the capacity to apply analytical techniques to real world problems

Principal learning outcomes

By the end of the module the student should be able to understand key concepts and principles in intermediate microeconomics. Apply rigorous knowledge of theoretical models which underlie economic analysis. Understand the uses, applications and limitations of theoretical models. Demonstrate knowledge of microeconomic policies and abstract and simplify economic problems through the application of theoretical models.